About Nomad Foods (NYSE:NOMD)

Nomad Foods Limited manufactures and distributes frozen foods in Western Europe. The company offers fish products, including fish fingers, coated fish, and natural fish; vegetables, such as peas and spinach; and poultry and meat products comprising nuggets, grills, and burgers. It also provides meals products that include ready to cook noodles, pasta, lasagne, pancakes, and other ready-made meals; and other products, such as soups, pizzas, and bakery goods. The company sells its products to supermarkets and food retail chains directly or through distribution arrangements primarily under the Birdseye, Findus, and Iglo brands. Nomad Foods Limited is based in Feltham, the United Kingdom.

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Profitability

Miscellaneous

Nomad Foods (NYSE:NOMD) Frequently Asked Questions

What is Nomad Foods' stock symbol?

Nomad Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOMD."

How will Nomad Foods' stock buyback program work?

Nomad Foods declared that its board has approved a stock repurchase program on Monday, June 12th 2017, which permits the company to buyback $105,100,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through a private placement purchase. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Nomad Foods' earnings last quarter?

Nomad Foods Limited (NYSE:NOMD) announced its earnings results on Thursday, May, 10th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.03. The firm earned $539.22 million during the quarter, compared to the consensus estimate of $536.39 million. Nomad Foods had a net margin of 7.78% and a return on equity of 10.42%. The company's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.25 EPS. View Nomad Foods' Earnings History.

When is Nomad Foods' next earnings date?

What guidance has Nomad Foods issued on next quarter's earnings?

Nomad Foods updated its FY18 earnings guidance on Thursday, May, 10th. The company provided earnings per share guidance of EUR 1.10-1.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.12.

Are investors shorting Nomad Foods?

Nomad Foods saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 954,918 shares, an increase of 57.6% from the April 13th total of 605,935 shares. Based on an average daily volume of 808,782 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the shares of the stock are sold short.

Has Nomad Foods been receiving favorable news coverage?

Press coverage about NOMD stock has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nomad Foods earned a news impact score of 0.15 on Accern's scale. They also gave headlines about the company an impact score of 46.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

How do I buy shares of Nomad Foods?

Shares of NOMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nomad Foods' stock price today?

One share of NOMD stock can currently be purchased for approximately $17.69.

How big of a company is Nomad Foods?

Nomad Foods has a market capitalization of $3.04 billion and generates $2.21 billion in revenue each year. The company earns $154.28 million in net income (profit) each year or $1.13 on an earnings per share basis. Nomad Foods employs 4,166 workers across the globe.

How can I contact Nomad Foods?

Nomad Foods' mailing address is No. 5 New Square Bedfont Lakes Business Park, Feltham X0, TW14 8HA. The company can be reached via phone at 44-20-8918-3200 or via email at [email protected]

MarketBeat Community Rating for Nomad Foods (NOMD)

MarketBeat's community ratings are surveys of what our community members think about Nomad Foods and other stocks. Vote "Outperform" if you believe NOMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NOMD will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Nomad Foods (NYSE:NOMD) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

3 Wall Street analysts have issued ratings and price targets for Nomad Foods in the last 12 months. Their average twelve-month price target is $18.3333, suggesting that the stock has a possible upside of 3.64%. The high price target for NOMD is $20.00 and the low price target for NOMD is $17.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of "Buy."